New Sanctions Target Russia's Military Campaign in Ukraine

The United States Treasury Department's Office of Foreign Assets Control (OFAC) has taken a significant step by designating several individuals, entities, and vessels linked to Russia's military actions in Ukraine as Specially Designated Nationals (SDNs). This move effectively freezes their assets within US jurisdiction.

Who Are the Targets?

Among the sanctioned are five individuals from Russia, Afghanistan, and Iran, alongside four entities. Notably, AM Asia M6 Ltd., a Hong Kong-based company, has been included in this list.

Behind the Scenes of Sanctions

This development follows indications from the Trump administration about potentially lifting some sanctions against Russia to facilitate ceasefire negotiations in Ukraine. However, reports suggest President Trump believes Russian President Putin may be delaying peace talks.